Elvee Springs Private Limited

Manufactures precision springs and wires for corporate clients, based in Bangalore.

2003 | Bangalore, Karnataka (India) | Active
Last Updated: July 31, 2024

Elvee Springs Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.63 Cr
  • Revenue Growth 20.06%
  • Profit Growth 58.63%
  • Ebitda 62.05%
  • Net Worth 20.80%
  • Total Assets 21.01%

About Elvee Springs

Elvee Springs Private Limited (ESPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 November 2003 and has a history of 21 years and two months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.63 Cr.

Prakash Venkataramaiah, Pradeep Prakash, Renuka Prakash, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U02720KA2003PTC032873

  • Company No.

    032873

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Nov 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Elvee Springs?

Executive Team (1)

Name Designation Appointment Date Status
Prakash Venkataramaiah Country flag representing In Managing Director 17-Nov-2003 Current

Board Members (3)

Name Designation Appointment Date Status
Pradeep Prakash Country flag representing In Director 17-Nov-2003 Current
Renuka Prakash Country flag representing In Director 17-Nov-2003 Current
Praveen Prakash Country flag representing In Director 12-Mar-2015 Current

Financial Performance of Elvee Springs.

Elvee Springs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.06% increase. The company also saw a substantial improvement in profitability, with a 58.63% increase in profit. The company's net worth Soared by an impressive increase of 20.8%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
20.06%
Revenue from Operations
20.00%
Total Assets
21.01%
Profit or Loss
58.63%
Net Worth
20.80%
EBITDA
62.05%

What is the Ownership and Shareholding Structure of Elvee Springs?

In 2023, Elvee Springs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.26 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 1.63 Cr

Latest Charge Details

Date Lender Amount Status
16 Oct 2015 Bank Of Baroda ₹1.50 M Open
04 Dec 2006 Bank Of Baroda ₹1.99 M Open
16 Jul 2005 Bank Of Baroda ₹0.83 M Open
29 May 2004 Bank Of Baroda ₹1.19 Cr Open

How Many Employees Work at Elvee Springs?

Elvee Springs has a workforce of 58 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Elvee Springs, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Elvee Springs's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Elvee Springs

Recent activity within the organization

  • Annual General Meeting

    Elvee Springs Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Elvee Springs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 1.50 M with Charge ID 10602144 was registered on 16 Oct 2015.

    16 Oct 2015

  • Director Appointment

    Praveen Prakash was appointed as a Director was appointed as a Director on 12 Mar 2015 & has been associated with this company since 9 years 10 months .

    12 Mar 2015

  • Charges

    A charge with Bank Of Baroda of Rs. 11.94 M registered on 29 May 2004 with Charge ID 80017859 was modified on 19 Jun 2012.

    19 Jun 2012

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 1.99 M with Charge ID 10032893 was registered on 04 Dec 2006.

    04 Dec 2006

Frequently asked questions

  • Elvee Springs Private Limited was incorporated on 17 Nov 2003.

  • The authorized share capital of Elvee Springs Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Elvee Springs Private Limited.

    • Prakash Venkataramaiah
    • Pradeep Kumar Prakash
    • Renuka Prakash
    • Praveen Prakash
  • As per Ministry of Corporate Affairs (Mca), the registered address of Elvee Springs Private Limited is Shed B 88/45/2 Kssidc Industrial Estate Rajajinagar, Bangalore, Karnataka, India, 560010.

  • The corporate identification number (CIN) of Elvee Springs Private Limited is U02720KA2003PTC032873 and the company number is 032873 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Elvee Springs Private Limited is https://www.elveesprings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Elvee Springs Private Limited has risen by 20.06%.

  • As Per 2023 financial reports, 58 employees are currently employed by Elvee Springs Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Elvee Springs Private Limited has experienced an upsurge of 20.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Elvee Springs Private Limited amount to ₹ 1.63 Cr.

  • The most recent Balance Sheet for Elvee Springs Private Limited was filed with the ROC on 31 Mar 2023.